Price is on an uptrend, creating sell-side liquidity. Price has mitigated the bearish POI at 117.61 and is currently retracing to the downside. We are still on a higher timeframe downtrend. I'm expecting price to go lower and take out sell-side liquidity before going higher.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.